Energy Transfer LP Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	4,578	4,810	3,932	4,752	6,687	-647
Depreciation & Amortization	5,565	5,165	4,385	4,164	3,817	3,678
Loss (Gain) From Sale of Assets	12	-586	-	-	-	-
Asset Writedown & Restructuring Costs	10	52	12	386	21	2,880
Loss (Gain) From Sale of Investments	-	-	-	-	-	129
Loss (Gain) on Equity Investments	-78	-23	-30	-25	-34	101
Stock-Based Compensation	148	151	130	115	111	121
Other Operating Activities	1,475	2,133	1,577	1,161	45	1,052
Change in Accounts Receivable	-57	-760	-176	-840	-3,318	873
Change in Inventory	-758	-735	35	-361	-19	-271
Change in Accounts Payable	71	1,280	-539	31	3,800	-960
Change in Other Net Operating Assets	-125	19	229	-332	52	405
Operating Cash Flow	10,841	11,506	9,555	9,051	11,162	7,361
Operating Cash Flow Growth	6.16%	20.42%	5.57%	-18.91%	51.64%	-8.63%
Capital Expenditures	-5,828	-4,164	-3,134	-3,381	-2,822	-5,130
Sale of Property, Plant & Equipment	987	987	-	-	-	-
Cash Acquisitions	-235	-2,705	-1,329	-1,141	-205	-
Divestitures	-990	-	-	302	-	-
Investment in Securities	86	-131	57	62	163	149
Other Investing Activities	84	109	81	136	89	83
Investing Cash Flow	-5,896	-5,904	-4,325	-4,022	-2,775	-4,898
Long-Term Debt Issued	-	34,150	32,130	28,838	21,267	24,440
Long-Term Debt Repaid	-	-30,158	-31,416	-29,681	-27,318	-24,133
Net Debt Issued (Repaid)	3,162	3,992	714	-843	-6,051	307
Repurchase of Common Stock	-	-	-	-	-31	-
Preferred Dividends Paid	-269	-378	-468	-422	-280	-
Common Dividends Paid	-4,421	-4,241	-3,777	-2,623	-1,616	-2,799
Dividends Paid	-4,690	-4,619	-4,245	-3,045	-1,896	-2,799
Other Financing Activities	-1,115	-1,358	-1,795	-1,220	-1,329	105
Financing Cash Flow	-1,670	-5,451	-5,326	-5,108	-8,418	-2,387
Net Cash Flow	3,275	151	-96	-79	-31	76
Free Cash Flow	5,013	7,342	6,421	5,670	8,340	2,231
Free Cash Flow Growth	-26.45%	14.34%	13.25%	-32.01%	273.82%	6.44%
Free Cash Flow Margin	6.29%	8.88%	8.17%	6.31%	12.37%	5.73%
Free Cash Flow Per Share	1.45	2.15	2.02	1.83	3.04	0.83
Cash Interest Paid	3,094	2,884	2,298	2,167	2,188	2,092
Cash Income Tax Paid	206	206	103	54	41	-64
Levered Free Cash Flow	3,014	5,696	4,429	3,308	5,243	184.25
Unlevered Free Cash Flow	5,121	7,646	6,018	4,567	6,622	1,766
Change in Working Capital	-869	-196	-451	-1,502	515	47

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q